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Synonyms

closed-end investment company

American  
[klohzd-end in-vest-muhnt kuhm-puh-nee] / ˈkloʊzd ɛnd ɪnˈvɛst mənt ˌkʌm pə ni /

noun

  1. an investment company that issues its shares in large blocks at infrequent intervals and is not obligated to redeem or repurchase them.

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Pershing Square USA, a closed-end investment company managed by Pershing Square Capital Management, on Tuesday filed for an initial public offering with the Securities and Exchange Commission.

From The Wall Street Journal

The closed-end investment company posted revenue of $20.8 million in the period.

From Seattle Times

The letter provides a monthly performance overview for BH Global Ltd., a closed-end investment company listed on the London Stock Exchange with its assets in Brevan Howard fund strategies.

From BusinessWeek

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.